HK Bankruptcy Swap Carve-Outs Too Narrow

November 11, 2010 10:09 am

Lawyers say the exemptions for settlement of derivatives trades under a proposed Chapter 11-like law in Hong Kong are too narrow and could put swap counterparties in Hong Kong at a competitive and cost disadvantage.

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Regulation Derivs - Regulation Asia Regulation People and Markets Derivatives Asia Derivs - Interest Rate News content Derivs - FX EM People and Markets Emerging Markets Derivs - Credit Derivs - People and Markets Derivs - Equity